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What exactly is the issue with having billionaires, as long as there is a decent standard of living for everyone and people are taken care of? You need incenti
by smmn88 4y ago
What exactly is the issue with having billionaires, as long as there is a decent standard of living for everyone and people are taken care of?
You need incentives to work hard and it is a good idea to have strong differences in outcome, as long as you have mostly equal opportunity.
Otherwise you end up where all socialist experiments end up: in economical, social and humanitarian hell.
- chongli 4y agoI'm not saying there's an issue with it. I'm just saying that if you have billionaires then you haven't actually redistributed all of the wealth.